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white house. nobody over there wants to go over the cliff at this time, there's nothing that wants to do it. >> once we get over it, we hope it's a bridge to something that will help you and caterpillar compete better in the world. after the cliff, what do you want? is there any emphasis on corporate tax reform that we need or how to bring $2 trillion back to this country? aren't those things, did you talk about any of those or the cliff? >> we talked about all of those, long-term competitiveness for our country, immigration reform that needs to happen, and there's a lot of bipartisan support for corporate and personal tax reform next year and i know j.timmonds was on earlier. private factories in this country need more also. that's a hot topic right around the corner but it's important we get through the cliff, that government governors, we get leadership, get over the cliff and move to the next thing. i think everybody's talking about it. >> doug, let me ask you a question. i think there's a str
white house. nobody over there wants to go over the cliff at this time, there's nothing that wants to do it. >> once we get over it, we hope it's a bridge to something that will help you and caterpillar compete better in the world. after the cliff, what do you want? is there any emphasis on corporate tax reform that we need or how to bring $2 trillion back to this country? aren't those things, did you talk about any of those or the cliff? >> we talked about all of those, long-term...
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Dec 7, 2012
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we have obama in the white house. the unions are going whild here. in all seriousness, i don't think unions are any more placid here than they are in china. >> but in china, workers go out on wildcat strikes all the time. foxconn which manufactures about 97% of apple's products, they've been really subject to labor troubles, from suicides to strikes. so i think apple is starting to see that there are some really important economic reasons to manufacturing. they're not the only company doing that. >> is it robots they're going -- i was told that apple is going into a plant in the u.s. that's a robotic plant so american workers aren't really going to be hired. >> last year in foxconn, they had 10,000 robots. if you have robots, china's cost manufacturing advantage is really nil except for chinese consumers. >> as long as we keep drilling for natural gas and we have the shale revolution, that's going to make us more competitive. i'm not making a case for china. i'm just a little interested in the apple case. that's what i'm saying. i'm a little interest
we have obama in the white house. the unions are going whild here. in all seriousness, i don't think unions are any more placid here than they are in china. >> but in china, workers go out on wildcat strikes all the time. foxconn which manufactures about 97% of apple's products, they've been really subject to labor troubles, from suicides to strikes. so i think apple is starting to see that there are some really important economic reasons to manufacturing. they're not the only company...
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ed, you are rude when you go to the white house, you speak your -ind, and you are not intimidated. i have interviewed a lot of presidents myself, i am always intimidated. it -- i think what happens. with the ceos, they are shell shocked even for these guys, like the guys in chrysler building they go in there they don't know what to do. >> i'm a very literal person when i get an invite, they tell me they want me to speak my mind, i do, maybe i should be more little bit ily correct. but they are -- politically correct. they are good people are they are great leaders,. neil: has anyone declined? >> the ones that can figure out a raireally good excuse to not , don't go, it is a terrible distraction, their pr people are coaching them, and coaching them. they don't want to say something that will damage the shareholders, so they play the game. neil: you know, a lot of these guys, have said, and women, have been saying, mr. president, we think a deal should be struck, and revenues should be part. we don't like some of them said, i'm paraphrasing, we donnt like this dispractic dispractice
ed, you are rude when you go to the white house, you speak your -ind, and you are not intimidated. i have interviewed a lot of presidents myself, i am always intimidated. it -- i think what happens. with the ceos, they are shell shocked even for these guys, like the guys in chrysler building they go in there they don't know what to do. >> i'm a very literal person when i get an invite, they tell me they want me to speak my mind, i do, maybe i should be more little bit ily correct. but...
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Dec 11, 2012
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. >> we are hearing that president obama may make an appearance at today's white house briefing. that briefing set for 1:45 this afternoon with jay carney. c-span2 will be covering that live. and now bob woodward on his latest book "price of politics." he spoke with "politico's" chief white house correspondent mike allen and failing to chief a compromise. this is part of a "politico" playbook discussion. it's about 25 minutes. [applause] >> good morning. welcome to "playbook breakfast." thank you for coming out so early. we're excited to have an amazing double-header today. we are going to talk to senator rubio who last night gave a big speech, one of the first formal speeches looking ahead to the future of the republican party. we are going to talk to senator rubio about that. first we have the amazing treat of bob woodward who has a fantastic book out on the last grand bargain negotiations, is going to be joining us in just a second. first, welcome, all the people out in livestream land. we'll be taking your questions on #politicobreakfast. tweet us. welcome to c-span and to ot
. >> we are hearing that president obama may make an appearance at today's white house briefing. that briefing set for 1:45 this afternoon with jay carney. c-span2 will be covering that live. and now bob woodward on his latest book "price of politics." he spoke with "politico's" chief white house correspondent mike allen and failing to chief a compromise. this is part of a "politico" playbook discussion. it's about 25 minutes. [applause] >> good...
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of the white house triball nation's conference. listen. >> the president loves basketball. he has an indian name. he knows what it's like to be poor, and he has not forgotten where he came from, and his theme song is "hail to the chief." [laughter] i think he definitely qualifies as the first american indian president. lou: and so he is declared. you may remember the president has been called the first gay, female, jewish, and asian president; however, without question, the title of america's first black president belongs to bight. -- bill clinton. up nt, the obama ultimatum. tax the rich, or he'll take the country over the cliff. vote on the facebook page, do you agree president obama's ultimatum on higher taxes are responsible for driving us over the cliff if that were to occur? we're talking with monicand angela, and lori. that's right, the a-tea is next, and you don't want to miss them. before copd... i took my son fisng every year. we had a great spotot, not easy to find,ut worth it. but with copd making it hard to breathe, i
of the white house triball nation's conference. listen. >> the president loves basketball. he has an indian name. he knows what it's like to be poor, and he has not forgotten where he came from, and his theme song is "hail to the chief." [laughter] i think he definitely qualifies as the first american indian president. lou: and so he is declared. you may remember the president has been called the first gay, female, jewish, and asian president; however, without question, the...
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story david maraniss, associate editor of the washington post present a history of president barack obama's family. charles murray of the american enterprise institute argues a growing divide between the upper and lower class goes beyond economics differences in coming apart:the state of white america 1960-2010. in victory, the triumphant game revolution, linda hirschman presenting history of the gay-rights movement. david nassau chronicles the life and career of the father of the kennedy political dynasty in the patriarch, remarkable life and turbulent times of joseph kennedy. history professor at duke university examined haiti from its founding to today in haiti:the aftershock of history. for an extended list of links to publications, 2012 notable books election visit booktv website booktv.org or our facebook page facebook.com/booktv. >> next, norman finkelstein argues the support of your by liberal american jews is declining by overwhelming evidence the israeli government after treatment of the palestinians is unjustified. this is about two hours. [applause] >> thank you very much for th
story david maraniss, associate editor of the washington post present a history of president barack obama's family. charles murray of the american enterprise institute argues a growing divide between the upper and lower class goes beyond economics differences in coming apart:the state of white america 1960-2010. in victory, the triumphant game revolution, linda hirschman presenting history of the gay-rights movement. david nassau chronicles the life and career of the father of the kennedy...
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, the white house, congressional democrats, want to go over the fiscal cliff because they believe that it is more politically advantageous for them to do so. is that a sentiment you agree with or not? >> i believe that the president and the democrats see a political victory at the bottom of the fiscal cliff. i see financial problems for our country at the bottom of the fiscal cliff with unemployment over 9%, and another recession. i think -- i want to find a solution working with people on both sides of the aisle but when you have howard dean, the former chairman of the democratic national committee, you have patty murray, who ran the democratic senatorial committee encouraging going over the cliff i think it's irresponsible. i think we ought to have the president sitting down with john boehner, finding solutions that can, one, pass the house, and, two, be signed by the president, and i believe if you find that solution, it will pass the senate. >> senator john barrasso, thank you for your time. >> thank you. >> next on "andrea mitchell reports" -- as the house heads home, are democrat
, the white house, congressional democrats, want to go over the fiscal cliff because they believe that it is more politically advantageous for them to do so. is that a sentiment you agree with or not? >> i believe that the president and the democrats see a political victory at the bottom of the fiscal cliff. i see financial problems for our country at the bottom of the fiscal cliff with unemployment over 9%, and another recession. i think -- i want to find a solution working with people...
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governor christie meets with president obama this time at the white house, and it is just one of the things we thought you should know. be sure to check out our "news nation" tumblr page. you find behind the scenes pictures, and thank you for checking it out and liking our pictures. ♪ ♪ [ male announcer ] campbell's green bean casserole. it's amazing what soup can do we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male announcer ] antacids don't relieve gas. gas-x is designed to relieve gas. gas-x. the gas xperts. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affe
governor christie meets with president obama this time at the white house, and it is just one of the things we thought you should know. be sure to check out our "news nation" tumblr page. you find behind the scenes pictures, and thank you for checking it out and liking our pictures. ♪ ♪ [ male announcer ] campbell's green bean casserole. it's amazing what soup can do we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus,...
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obama, the white house projection last offer -- \[inaudible] 53% of americans will blame republicans in congress if you go over the fiscal cliff. how long can you have that hard line on those making 250 and above. >> america faces a very serious problem and our goal is to make sure it gets solved. we have a debt problem that is out of control. we have got to cut spending and i believe it is appropriate to the receive news we are putting on the table are going to come from, guess who? the rich. there are ways to limit deductions, close loopholes and have the same people pay more -- more of their money to the federal government without raising the tax rates which we believe will harm our economy. \[inaudible question] >> i think our members understand the seriousness of the situation that our country faces. trillion dollar deficits for as far as the eye can see. $16 trillion of debt on the books. every man, woman and child owing the american government $50,000 and that number is increasing every single year. as a result, our members understand that we've got to solve the problem, and w
obama, the white house projection last offer -- \[inaudible] 53% of americans will blame republicans in congress if you go over the fiscal cliff. how long can you have that hard line on those making 250 and above. >> america faces a very serious problem and our goal is to make sure it gets solved. we have a debt problem that is out of control. we have got to cut spending and i believe it is appropriate to the receive news we are putting on the table are going to come from, guess who? the...
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afterwards the obamas and dog bo will give a tour of the white house. hundreds of people are already gathering at the state capital in lancing, michigan as the city prepares for what could be the largest demonstration in history. the legislature has now rushed through right to work legislation, and governor rick snyder is expected to sign it today. police are on hand and limbed the number of people allowed in the common areas of the capitol. president obama said the right to work bill is not about economics and has everything to do with politics. taxpayers have now made a total of about $22.7 billion overall from the government's investment in the bank rescue. aig is now fully private again. and the british bank is going to pay the u.s. a $1.9 billion penalty for breaking u.s. sanction laws. they have transferred money through every day presents another exciting issue. from financial regulation, fraud on wall street. things everyday exploding around the world that leave no shortage for exciting conversations. at the end of the show, you know what has ha
afterwards the obamas and dog bo will give a tour of the white house. hundreds of people are already gathering at the state capital in lancing, michigan as the city prepares for what could be the largest demonstration in history. the legislature has now rushed through right to work legislation, and governor rick snyder is expected to sign it today. police are on hand and limbed the number of people allowed in the common areas of the capitol. president obama said the right to work bill is not...
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Dec 13, 2012
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we want to let you know speaker boehner left the capitol and on his way to the white house right now. in this debate, in one corner ceos of some of america's biggest corporations that pay corporate tax rates and the other? entrepreneurs who pay their business taxes at individual rates because they have some type of pass-through entity like a partnership. ceos are lobbying for tax reform that would lower corporate rates. meantime the president wants to raise personal rates on higher income families which would hit some small business owners. small business advocates were shocked this week when the business roundtable endorsed raising personal rates as one way to help avoid the fiscal cliff. the roundtable reversed its opposition to that citing its fear of falling off the cliff. its letter was signed by 168 ceos. the national federation of independent business which represents 350,000 small companies went ballistic. >> taking from peter to pay paul. you're ignoring one huge segment of the economy, the small, to mid-size business sethment which is about 37% of netbusiness income, employe
we want to let you know speaker boehner left the capitol and on his way to the white house right now. in this debate, in one corner ceos of some of america's biggest corporations that pay corporate tax rates and the other? entrepreneurs who pay their business taxes at individual rates because they have some type of pass-through entity like a partnership. ceos are lobbying for tax reform that would lower corporate rates. meantime the president wants to raise personal rates on higher income...
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what i would like to hear is less out of boehner and less out of obama. if i hear that there has been a call made to representative boehner to come and speak in the white house that they will get something done. then i will start thinking about getting out. nothing until then. adam: some people say if we go over the cliff, it really is ... we still have a month or two for congress to fix things. >> if we go over the fiscal cliff, it will be bad. it will be really bad for the market. ultimately, it will make its way out. we are not solving this cliff before the end of the year. we have come to gather. we have a framework. we are here and they are there, but we will meet somewhere in the middle. i think it will be bad for the market if they work behind the curve. adam: when do they jump in if we go over the cliff? >> waited out. you will know. the first three days, at that point, start looking at getting into positions. our economy is doing better. things are pointing to growth. hopefully washington will not screw this up. if you look at these solid compani
what i would like to hear is less out of boehner and less out of obama. if i hear that there has been a call made to representative boehner to come and speak in the white house that they will get something done. then i will start thinking about getting out. nothing until then. adam: some people say if we go over the cliff, it really is ... we still have a month or two for congress to fix things. >> if we go over the fiscal cliff, it will be bad. it will be really bad for the market....
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house speaker boehner meeting with president obama at the white house. but what will it take to get a compromise deal? republican senator john thune will be our guest host for the hour. >> plus starwood hotel ceo frits van paaschen on the effects of the fiscal cliff and avoiding the european recovery model. >> we know big ben. >> parliament. >> the third hour of "squawk box" begins right now. >>> welcome back to "squawk box" here on cnbc. first in business worldwide i'm joe kernen along with becky quick. andrew ross sorkin is off today. we have a big lineup this hour. sitting in andrew's seat our guest host, senator john thune. he is with us for the hour to talk about the fiscal cliff. talk about jobs. and a lot more. we're also going to speak to the president of telemundo media. emilio row mano. we're going to convene an economic summit to tackle america's debt crisis and outline growth scenarios for 2013. in addition to solving our budget problems and the fiscal cliff, we're also going to figure out how it affects the hotel industry with starwood's hot
house speaker boehner meeting with president obama at the white house. but what will it take to get a compromise deal? republican senator john thune will be our guest host for the hour. >> plus starwood hotel ceo frits van paaschen on the effects of the fiscal cliff and avoiding the european recovery model. >> we know big ben. >> parliament. >> the third hour of "squawk box" begins right now. >>> welcome back to "squawk box" here on cnbc....
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Dec 7, 2012
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the state health insurance exchange is a key component to the obama care. it allows millions of middle class households as well as small businesses to shop for private insurance. states must decide by next friday if they want to set up their own exchange. they will -- they were allowed more time to mull over the decision after many republican governors delayed action. perhaps expecting a different outcome to the presidential election. new jersey is just the latest state with a republican governor to opt for the federal government to step in and create the exchange. let's turn to former vermont governor howard dean and former chairman of the dnc and contributor to cnbc. governor dean, good to have you with us tonight. i think you know this whole story well. these republican governors want these exchanges simply to fail, but is it actually in a way better to have the federal government step in and get that infrastructure if we want to expand it down the road someday? how do you see it? >> well, that's the interesting thing. the republicans at this point are c
the state health insurance exchange is a key component to the obama care. it allows millions of middle class households as well as small businesses to shop for private insurance. states must decide by next friday if they want to set up their own exchange. they will -- they were allowed more time to mull over the decision after many republican governors delayed action. perhaps expecting a different outcome to the presidential election. new jersey is just the latest state with a republican...
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lawmakers have no choice but to give in to the white house demands to raise tax breaks on the wealthy if they want to achieve their main goal of entitlement reform. >> there are a growing group of thugs looking at this and realizing we don't have a lot of cards as it relates to the tax issues before year-end. >> will i accept the tax increase as part of a deal to solve our problems? yes. >> senate republicans are facing opposition to their tax concessions in the house and democrats haven't been too receptive to their idea owes entitlement reforms. for more on this, jens is still with us. we've got, what, two working weeks until the end of the year. what's your base view here as to how this plays out? >> our base case is that we will get a type of deal probably later until the year. so i don't think it will be much of a christmas holiday for the key negotiators. i would say 60% to 70% probability that we get that pancake deal. then the details will have to be hammered out next year on a more comprehensive tax reform and so forth. if that's the case, then that should give a bit of a boo
lawmakers have no choice but to give in to the white house demands to raise tax breaks on the wealthy if they want to achieve their main goal of entitlement reform. >> there are a growing group of thugs looking at this and realizing we don't have a lot of cards as it relates to the tax issues before year-end. >> will i accept the tax increase as part of a deal to solve our problems? yes. >> senate republicans are facing opposition to their tax concessions in the house and...
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>> stephanie: newsletter blasts obama for having nbc host despite her visit to the bush white house. [ laughter ] >> stephanie: president obama has met with msnbc host along with other progressives -- was i invited no. can anyone even imagine if fox news had stopped by the bush white house to discuss policy? they would have been rightly outraged. [ wah wah ] >> rush limbaugh sat in george bush senior's box during the convention. >> stephanie: an influential group of conservative radio hosts including laura ingraham. >> imagine if we had down that. [ mocking whining ] >> to the right. >> >> stephanie: the "stephanie miller show" has no information as to whether laura ingraham likes her hair pulled during sex. if she does it's to the right. all right [ inaudible ] go ahead. >> caller: our president is doing so bad but yet apple wants to move the factory here. >> stephanie: exactly right. unemployment dropped to the lowest in four years. >> caller: yeah, so i mean these guys are all hot wind. they are trying to push the statute of liberty over the cliff, and it is not happening. >> real
>> stephanie: newsletter blasts obama for having nbc host despite her visit to the bush white house. [ laughter ] >> stephanie: president obama has met with msnbc host along with other progressives -- was i invited no. can anyone even imagine if fox news had stopped by the bush white house to discuss policy? they would have been rightly outraged. [ wah wah ] >> rush limbaugh sat in george bush senior's box during the convention. >> stephanie: an influential group of...
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however, neither the white house nor house speaker boehner's office are giving any public indication that either side is yet prepared to give up real ground. on a road trip yesterday, president obama indicated that he is willing to compromise, just not on that point about an increase in tax for relthy americans. meantime, speaker boehner says he is still waiting on specific spending cuts. joining us now for analysis, tony fratto, of hamilton place strategies and former white house press secretary and gerald bernstein former economic adviser to vice president joe biden. gentlemen, thank you for being here with us and getting this special day of coverage kicked off for us. >> rising early and rising above. >> exactly. let's talk about this. jared, it seems like things have gotten quieter. do you think that's the case? is that a good sign? >> i think it's probably a pretty good sign. if you look at this morning's papers, you see a number of articles suggesting that there's a bit more compromise in the air. my concern is that tomorrow's papers may say the opposite. so interestingly, ther
however, neither the white house nor house speaker boehner's office are giving any public indication that either side is yet prepared to give up real ground. on a road trip yesterday, president obama indicated that he is willing to compromise, just not on that point about an increase in tax for relthy americans. meantime, speaker boehner says he is still waiting on specific spending cuts. joining us now for analysis, tony fratto, of hamilton place strategies and former white house press...
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meeting with president barack obama. we don't know what they said, and we're in the era now of parsing every single word they do say publicly. nancy pelosi was out before cameras, although it's hard to get a lot of indication of what's going on with had statement. take a listen. >> the only obstacle standing in the way of middle income tax relief are the republicans unwillingness to ask the top 2% to pay their fair share. >> and if you listened carefully to speaker john boehner, he did say that there was no progress to report, but he may have been hinting a little bit of where there's some room for a deal here if the president will just meet him maybe not even halfway. listen to the speaker. >> there are a lot of things that are possible to put the revenue the president seeks on the table, but none of it's going to be possible. the president insists on his position, insists on my way or the highway. that's not the way to get to an agreement. >> so where are we now? i think we're basically at a point where speaker boehner
meeting with president barack obama. we don't know what they said, and we're in the era now of parsing every single word they do say publicly. nancy pelosi was out before cameras, although it's hard to get a lot of indication of what's going on with had statement. take a listen. >> the only obstacle standing in the way of middle income tax relief are the republicans unwillingness to ask the top 2% to pay their fair share. >> and if you listened carefully to speaker john boehner, he...
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the white house has just informed us president obama called egypt's president today to express what the white house called deep concern over the deadly protests in cairo overnight. the white house says president obama praised the egyptian president mohammed morsi for offering to meet with his opponents this weekend but said that dialogue should come without any preconditions. one opposition group is already turning down that offer. here is how it is going over in cairo. [chanting] shch shep protest hers back on the street this overnight. military sealed off the presidential palace with tanks and bausched wire after the worst violence since president morsi took office in june. [explosions] 700 dead and 600 hurt after battled outside the very presidential palace. police say the two sides threw rocks and fire bombs at each other. the protesters say they are outraged that the president in essence put himself above the law last month. president morsi helped negotiate the cease-fire between israel and hamas he is in charge of enforcing that agreement. tonight he went on egyptian television to
the white house has just informed us president obama called egypt's president today to express what the white house called deep concern over the deadly protests in cairo overnight. the white house says president obama praised the egyptian president mohammed morsi for offering to meet with his opponents this weekend but said that dialogue should come without any preconditions. one opposition group is already turning down that offer. here is how it is going over in cairo. [chanting] shch shep...
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is there any media pressure on the white house? >> there's no media pressure on the white house to explain any of this. in watching this and talking about the pr and how the press is covering the pr especially out of the white house democrats. and the republicans don't have a coherent messenger, what i find fascinating is that the press doesn't cover why obama is doing what he's doing and gets to your point, john. there's an assumption that the president doesn't want to go over the fiscal cliff like the republicans don't. and i think that's the wrong assumption. i think the president does want to go over the fiscal cliff and yet, there's no coverage of that whatsoever. bob woodward actually gave a video interview to political this week and said who is barack obama and what drives him? it's not a big mystery at this point. >> the media seem to have no problems supporting the idea of putting higher taxes on higher wage earningers in this country and take a look at this from the california teachers union. >> and ordinary people wonder
is there any media pressure on the white house? >> there's no media pressure on the white house to explain any of this. in watching this and talking about the pr and how the press is covering the pr especially out of the white house democrats. and the republicans don't have a coherent messenger, what i find fascinating is that the press doesn't cover why obama is doing what he's doing and gets to your point, john. there's an assumption that the president doesn't want to go over the fiscal...
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first, christie visited president obama at the white house asking for $83 billion in extra hurricane aid to help clean withstandup. the very same day he vetoed a bill drafted by his state's democratic legislature that would have billed health care exchange, which aims to subsidize insurance for low and middle income americans. in a statement explaining the rejection, governor christie stated a lack of information from washington. quote, i will not ask new jerseyans to commit today to a state-based exchange when the federal government cannot tell what's it will cost, how that cost compares to other options, and how much control they will give the states over this option that comes at the cost of our state's taxpayers. that makes new jersey state number 19 to say no to the affordable care act's offer for a state-run health insurance exchange, and it puts christie in the ranks of governors like jan brewer in arizona, bobby jindal in louisiana, and scott walker in wisconsin. during his appearance on the daily show, jon stewart took christie to task over his obama care stance. >> the diff
first, christie visited president obama at the white house asking for $83 billion in extra hurricane aid to help clean withstandup. the very same day he vetoed a bill drafted by his state's democratic legislature that would have billed health care exchange, which aims to subsidize insurance for low and middle income americans. in a statement explaining the rejection, governor christie stated a lack of information from washington. quote, i will not ask new jerseyans to commit today to a...
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Dec 11, 2012
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. >>> over at the white house president obama has no public events scheduled. meanwhile, over in michigan thousands of union members and supporters are protesting at the state capitol building in lancing. the state, which is the heart of the united autoworkers and ground zero for union rights is poised to sign a major anti-labor bill into law today. the president weighed in on that, speaking yesterday in redford. >> these right to work clause, they don't have anything with economics. they have everything to do with politics. what they're really talking about is giving you the right to work for less money. america is not going to compete based on low skill, low wage, no workers rights. that's not our competitive advantage. there's always going to be some other country that can treat its workers even worse. >> the house speaker, john boehner, is speaking now on the house floor regarding the fiscal cliff. let's take a listen. >> beyond 1:50 p.m. today. >> the speaker of the house for five minutes. >> the speaker, last week republicans made a serious offer to avert
. >>> over at the white house president obama has no public events scheduled. meanwhile, over in michigan thousands of union members and supporters are protesting at the state capitol building in lancing. the state, which is the heart of the united autoworkers and ground zero for union rights is poised to sign a major anti-labor bill into law today. the president weighed in on that, speaking yesterday in redford. >> these right to work clause, they don't have anything with...
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Dec 5, 2012
12/12
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KPIX
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we begin with negotiations to avert the so-called fiscal cliff both republicans and white house hold their lines and no formal talks yesterday. president obama said he wasn't ruling out some reductions in entitlement programs such as medicare and social security, meanwhile house speaker john boehner has to win over hard liners in his own party. susan mcginnis is following it all. >> reporter: hi. good morning. there are some glimmers of common ground here among the two sides that could form the basis of a deal. the president is now talking about actually lowering the tax rate for the top 2% not now but later. and republicans are now taking some heat over their latest plan a lot of it from within their own party. >> five, four -- >> reporter: house speaker john boehner led the countdown to the lighting of the capitol hill christmas tree last night. >> one. >> reporter: but a different countdown weighs on the minds of these lawmakers, the countdown to the fiscal cliff. a series of tax increases and spending cuts due to kick in at the end the year. >> god bless us, everyone. >> reporter
we begin with negotiations to avert the so-called fiscal cliff both republicans and white house hold their lines and no formal talks yesterday. president obama said he wasn't ruling out some reductions in entitlement programs such as medicare and social security, meanwhile house speaker john boehner has to win over hard liners in his own party. susan mcginnis is following it all. >> reporter: hi. good morning. there are some glimmers of common ground here among the two sides that could...
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Dec 11, 2012
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the word is president obama >>> mr. speaker, last week the averlicans made a serious offer to the fiscal cliff and most of year bas based on testimony givn last year by president clinton's former chieffo of staff erskinbowles and as he set himself on sunday, we have too t cut spending. well, he's right. has a speg washington has a spending be hone let's be honest, west are broke. president's call for a balanced approach. a lot of people know that the president and i met on sunday. it was a nice meeting. it was cordial. we're still waiting for the white house to see what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. where are the president's spending cuts? the longer the white house slow walks this process the closer our economy gets fought fiscal cliff. -- gets to the fiscal cliff. here's what we know. we know that the president wants more stimulus spending and an increase in the debt limit without any cuts or reforms. that's not fixing our problem.
the word is president obama >>> mr. speaker, last week the averlicans made a serious offer to the fiscal cliff and most of year bas based on testimony givn last year by president clinton's former chieffo of staff erskinbowles and as he set himself on sunday, we have too t cut spending. well, he's right. has a speg washington has a spending be hone let's be honest, west are broke. president's call for a balanced approach. a lot of people know that the president and i met on sunday. it...
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Dec 7, 2012
12/12
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. >> obama is not letting up. >> this is a solvable problem. >> they are waving a white flag. >> in the 20 second sound byte world in which we live, that is the take away. >> they will be pushing that and it will go to the senate and we will lose. >> we don't have a revenue problem. >> we lost the election, sean. this is a solvable problem. >> he is not budging. >> obama is not letting up. >> there is no hard deal on the table yet. >> this is a dangerous game. >> they don't believe republicans are going over the cliff. >> let's go over the cliff. >> are they going to raise taxes on everyone? >> they will be push ping that and we'll go to the senate and we'll loose. ♪ ♪ >> there are 25 shopping days for a deal between congressional republicans and president obama before we go flying off the fiscal curb. today, from a kitchen table in northern virginia. >> this is a solvable problem. the senate at already passed a bill that would make sure that middle class taxes do not go up next year. to be clear, i'm not going to sign any package that somehow prevents the top rate for going up for
. >> obama is not letting up. >> this is a solvable problem. >> they are waving a white flag. >> in the 20 second sound byte world in which we live, that is the take away. >> they will be pushing that and it will go to the senate and we will lose. >> we don't have a revenue problem. >> we lost the election, sean. this is a solvable problem. >> he is not budging. >> obama is not letting up. >> there is no hard deal on the table yet....
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Dec 7, 2012
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snow covered bo obama running across the white house north lawn. >> oh. >> did you practice if? >> i've never done this before. >> well, that's the president's top strategist david axelrod squinting as the stash gets slashed in front of everybody. the first time he's had a completely clean face in 40 years, he says. it was all for a good cause after raising a million bucks for the epilepsy charity he founded. could mark sanford be making a political comeback? the former governor of south carolina not ruling out a run for jim demint's seat in 2014. he told "the wall street journal" it's not a no, but not a yes. he was once a rising star in the rising party before an extramarital affair derailed his career. nikki haley gets to pick a replacement. comedy central's stephen colbert hinted at another unlikely candidate. >> but who will she pick? let's see. want somebody young, somebody conservative, somebody from south carolina, maybe somebody who had a super pac. wait a second. [ applause ] watch where you point that thing. it's powerful. okay. >> that wandering f infinger. colbert t
snow covered bo obama running across the white house north lawn. >> oh. >> did you practice if? >> i've never done this before. >> well, that's the president's top strategist david axelrod squinting as the stash gets slashed in front of everybody. the first time he's had a completely clean face in 40 years, he says. it was all for a good cause after raising a million bucks for the epilepsy charity he founded. could mark sanford be making a political comeback? the former...
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president obama paid them a visit to find out how tax increases would impact them. right now, there's still no agreement with republican lawmakers. nbc's danielle lee is on capitol hill with more on the president's house call today and with the latest on what both sides are prescribing. danielle? >> reporter: pat, president obama said he's trying to highlight the impact of those tax hikes on the middle class. on capitol hill, there's growing pressure to stop the campaigning and sit down face-to-face. avoiding the bickering on capitol hill today, president obama headed to northern virginia. he sat down with tiffany santana and her family to put a face on the fiscal cliff. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem, gives you a sense of the costs involved in very personal terms. >> reporter: tiffany had used twitter to tell the president her family can't afford a tax increase. and the white house released this video. >> $2,000 for me would be paying a month's rent. >> reporter: back in washin
president obama paid them a visit to find out how tax increases would impact them. right now, there's still no agreement with republican lawmakers. nbc's danielle lee is on capitol hill with more on the president's house call today and with the latest on what both sides are prescribing. danielle? >> reporter: pat, president obama said he's trying to highlight the impact of those tax hikes on the middle class. on capitol hill, there's growing pressure to stop the campaigning and sit down...
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Dec 7, 2012
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. >> do you think the white house can stand its ground on this? if we get past the fiscal cliff and republicans are attempting to take this to the brink, do you think despite what president obama says, they have the capacity to say, listen, if you want to pull the pin on the grenade, you do it, but we're not going to do this anymore? >> on the fiscal cliff or the >>> you might remember a couple of times i've been here when i want to do something too boring even for the geeky nerd geeks on the "rachel maddow show" and i love you geeky nerd geeks, made me do it in seconds in a short segment called the ezra klein challenge. tomorrow the monthly job numbers are going to come out. everyone will freak out because they will be horrible. economists surveyed by bloomberg news say as low as 86,000. deutsche bank says could be as low as 25,000. don't freak out. in fact, you should probably ignore this report entirely, at least for now. and i'm going to tell you why in a bit less than 90 seconds. ready, clock? go. first remember what the jobs report it. it is
. >> do you think the white house can stand its ground on this? if we get past the fiscal cliff and republicans are attempting to take this to the brink, do you think despite what president obama says, they have the capacity to say, listen, if you want to pull the pin on the grenade, you do it, but we're not going to do this anymore? >> on the fiscal cliff or the >>> you might remember a couple of times i've been here when i want to do something too boring even for the...
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president obama and speaker john boehner are talking, signs of progress or more of the same? it worked in the white house, we're pleased to be joined by some economic writer for the "wall street journal." let's start with these comments from a republican from tennessee known to be reasonable suggesting increase the tax rates on the wealthiest 2% to move on and talk about entitlements getting a little it is realistic to see the deal that might alternately happen? >> hi, lori and melissa. do you think you wil you'll havw december 31? i think this thing will stretch out maybe a few hours before plunging off a cliff. lori: anybody who thinks it will be an easy newsday is mistaken. >> you and i talked about it a week or two ago the thing that is amazing is they are not getting closer, they're getting further apart. melissa: at me sitting there for their part? >> i think he is emboldened by the election returns obviously and emboldened by the polls showing public and higher tax rates on the rich that he has become much less willing to compromise and republican sources. the thing th
president obama and speaker john boehner are talking, signs of progress or more of the same? it worked in the white house, we're pleased to be joined by some economic writer for the "wall street journal." let's start with these comments from a republican from tennessee known to be reasonable suggesting increase the tax rates on the wealthiest 2% to move on and talk about entitlements getting a little it is realistic to see the deal that might alternately happen? >> hi, lori and...
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Dec 5, 2012
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republican senators have spoken to people in the white house today. this is no serious way to negotiate out here on the senate floor. at the end, the republican leader is complaining because president obama wants the rich to pay their fair share. and as usual, republicans are defending the rich, holding tax cuts for middle class hostage. at the first of the year, unless we work something out, the taxes will go up for people making less than $250,000 a year, an average of $2,200 each -- not per family -- each person. the senate has already passed the centerpiece of president obama's offer. and his offer has always been the same. we are not going to go through the same thing we've gone through here for years where we lay out different ways to cut spending, and there's never any revenue. the president has made it very, very clear. we have already passed the president's proposal. that is to make sure that people making less than $250,000 a year are not burdened with $2,200 each after the first of the year. that passed in july. the house can take that up.
republican senators have spoken to people in the white house today. this is no serious way to negotiate out here on the senate floor. at the end, the republican leader is complaining because president obama wants the rich to pay their fair share. and as usual, republicans are defending the rich, holding tax cuts for middle class hostage. at the first of the year, unless we work something out, the taxes will go up for people making less than $250,000 a year, an average of $2,200 each -- not per...
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Dec 5, 2012
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president obama addresses the business roundtable and that could be critical. david has an exclusive interview with ken moelis. back to you guys. >> let's get six in 60. six stocks in 60 seconds. >> yesterday's news overshadowed by many things. a fantastic quarter. we knew it would be household formation buying on weakness. >> 17 straight. number of quarters where they beat it. this was a major miss. >> rbc does not like clf. this is again china. i don't like it either but china is coming back. >> naz 100 taking on facebook. >> money is an index to the naz 100. people paid for this in premarket. it was a mistake. >> citi thinks limited can do a special div. >> limited has a lot of cash. gap said no yesterday. hurt the stock. >> goldman starts utx neutral. great company. a slap in the face, carl. boom. slap in the face. >> you got that right. what's on "mad" tonight? >> i have been featuring these investment -- look, the etf. i've been feeling they know america. i have to know how bad america is. they do the southeast. great company. >> we've not talked a lot ab
president obama addresses the business roundtable and that could be critical. david has an exclusive interview with ken moelis. back to you guys. >> let's get six in 60. six stocks in 60 seconds. >> yesterday's news overshadowed by many things. a fantastic quarter. we knew it would be household formation buying on weakness. >> 17 straight. number of quarters where they beat it. this was a major miss. >> rbc does not like clf. this is again china. i don't like it either...
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Dec 8, 2012
12/12
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KRON
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a white house official says, the president has requested 60- point- four billion dollars. in a joint statement on the matter, governor andrew cuomo of new york and new jersey governor chris christie say, this money will help their states recover, repair, and rebuild. they also say, their request includes funding to invest in efforts to protect the region from impact of storms like sandy. both governors recently went to washington to lobby lawmakers for federal funds. >> a new jobs report shows. a big drop in the nations unemployment. last month, 146- thousand jobs were added in the u-s. right now, the unemployment rate is 7-point-7 percent. that number does not include people who have stopped looking for work. still - it is the lowest percentage in 4-years. kron 4's justine waldman has a closer look at employment growth here in the bay area. and shows us where the jobs are here >> according to the california employment development department. there are jobs in the bay area. you just need to know where to look. ruth kavanagh's job is to watch the job numbers. she tells me.
a white house official says, the president has requested 60- point- four billion dollars. in a joint statement on the matter, governor andrew cuomo of new york and new jersey governor chris christie say, this money will help their states recover, repair, and rebuild. they also say, their request includes funding to invest in efforts to protect the region from impact of storms like sandy. both governors recently went to washington to lobby lawmakers for federal funds. >> a new jobs report...